This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Highly regulated, customer-centric, and dependent on layers of human involvement and manual processes, financial services are ripe for automation through artificial intelligence (AI). Those same characteristics, however, reveal the risks AI pose to this sector. So business technology leaders in financial services are carefully navigating a path toward AI.
AI is a clear gamechanger in the financial sector. A number of credit card companies are finding novel ways to apply AI to streamline many of their processes and offer higher quality services to their customers.
So, you seek comprehensive, insightful, and actionable competitive intelligence to outpace the competition. You're familiar with the industry titans – Gartner, Forrester, IDC – that provide a wealth of data and reports. You've likely seen their broad overviews, which outline the competitive landscape and give you some insight into who's in your niche.
AI’s existential risk is no laughing matter: As much as the tech world tries to make sense of it all, nobody definitively knows whether the dystopian “control the world” hype is legit or just sci-fi. Before we even cross that bridge (real or not), however, we need to face a more immediate problem. We’re already […] The post Forget p(Doom): Here’s How to Hold AI Accountable by Creating an Inference Economy appeared first on DATAVERSITY.
Incorporating generative AI (gen AI) into your sales process can speed up your wins through improved efficiency, personalized customer interactions, and better informed decision- making. Gen AI is a game changer for busy salespeople and can reduce time-consuming tasks, such as customer research, note-taking, and writing emails, and provide insightful data analysis and recommendations.
Robin Raju is helping a company that has been a pillar of the U.S. life insurance industry get its fame back. Raju is the chief financial officer at Equitable Holdings, the New York-based company founded in 1859 that operated relatively quietly from 1992 through 2018, when it was controlled by AXA of Paris. Click HERE to read the full story via Think Advisor The post Market for These Annuities Looks ‘Exceptionally Robust’: Equitable appeared first on Wink, Inc.
Making an international move can be dauting — but moving for a new job can take some of the pressure off. Using your skills and expertise to land a job in another country can offer a unique opportunity to experience different cultures and travel, while maintaining your resume. And with tech talent in high demand around the world, enterprises are increasing efforts to recruit international tech talent and open tech hubs in foreign countries.
Making an international move can be dauting — but moving for a new job can take some of the pressure off. Using your skills and expertise to land a job in another country can offer a unique opportunity to experience different cultures and travel, while maintaining your resume. And with tech talent in high demand around the world, enterprises are increasing efforts to recruit international tech talent and open tech hubs in foreign countries.
Alicia Munnell, professor of management sciences at Boston College and director of its Center for Retirement Research, minces no words in her assessment of temporary benefit increases included in the newest proposed version of the Social Security 2100 Act. “It’s terrible,” she tells ThinkAdvisor in a recent interview. “That will cause dissatisfaction among workers who are entering the retirement phase. … [The act] is moving from a wonderful piece of legislation to a silly piece of legislation.
MAP, or Minimum Advertised Price, sets the benchmark for product pricing, representing the minimum allowed price for retailers or authorized sellers in the United States and Canada. For brand owners, preserving market value is crucial. A situation where a retailer, authorized seller, or unauthorized seller offers a price below the brand’s permitted limit can damage the brand’s reputation and credibility.
AnnuityNet — a company that helped move about $98 billion in annuity premium payments in 2022 — could soon have a new home. Ebix, AnnuityNet’s Johns Creek, Georgia-based parent, has filed for Chapter 11 bankruptcy protection because of problems with gift card operations in India. Click HERE to read the full story via Think Advisor The post Parent Problems Put AnnuityNet in Play appeared first on Wink, Inc.
OLDWICK, N.J.–( BUSINESS WIRE )– AM Best has revised the outlooks to negative from stable and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” (Good) of SILAC Insurance Company (SILAC) (Salt Lake City, UT). These Credit Ratings (ratings) reflect SILAC’s balance sheet strength, which AM Best assesses as adequate, as well as its adequate operating performance, neutral business profile and marginal enterprise risk management (ERM).
Speaker: Jay Allardyce, Deepak Vittal, Terrence Sheflin, and Mahyar Ghasemali
As we look ahead to 2025, business intelligence and data analytics are set to play pivotal roles in shaping success. Organizations are already starting to face a host of transformative trends as the year comes to a close, including the integration of AI in data analytics, an increased emphasis on real-time data insights, and the growing importance of user experience in BI solutions.
OLDWICK, N.J.–( BUSINESS WIRE )– AM Best has affirmed the Financial Strength Rating (FSR) of A (Excellent) and the Long-Term Issuer Credit Ratings (Long-Term ICRs) of “a+” (Excellent) of Brighthouse Life Insurance Company (headquartered in Charlotte, NC), New England Life Insurance Company (Boston, MA) and Brighthouse Life Insurance Company of NY (New York, NY).
OLDWICK, N.J.–( BUSINESS WIRE )–The U.S. life/annuity industry reported a 9.3% increase in total income during the first nine months of 2023 compared with a year earlier, driven by growth in premium and annuity considerations, as well as net investment income, according to a new AM Best report. This financial review is detailed in a new Best’s Special Report , “First Look: Nine-Month 2023 Life/Annuity Financial Results,” and the data is derived from companies’ nine-month 2023 inte
NEW YORK , Dec. 19, 2023 /PRNewswire/ — Participants electing lifetime income from TIAA Traditional , TIAA’s flagship annuity , in January 2024 will receive a historically high payout rate of 8.2%. “When you convert your savings into lifetime income with TIAA Traditional, you get a guarantee that you’ll have money coming in for life no matter how long you live,” said Colbert Narcisse, chief product and business development officer at TIAA. “For income s
OLDWICK, N.J.–( BUSINESS WIRE )– AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Ratings of “a+” (Excellent) of the U.S. life/health (L/H) subsidiaries of Aegon Ltd. (Bermuda) [NYSE: AEG]. Aegon Ltd.’s U.S. L/H companies are Transamerica Life Insurance Company (Cedar Rapids, IA) and Transamerica Financial Life Insurance Company (Harrison, NY) and referred to collectively as Aegon USA Group (Aegon USA).
In today’s ultra-competitive markets, it’s no longer enough to wait for buyers to show obvious signs of interest. Instead, sales teams must be proactive, identifying and acting on nuanced buyer behaviors — often before prospects are fully ready to make a purchase. In this eBook from ZoomInfo & Sell Better, learn 10 actionable ways to use these buyer signals to transform your sales strategy and close deals faster.
The findings of a new research report point to both the promise and the peril of reliance on fiduciary financial professionals to guide clients to greater use of annuities. According to the analysis, advisors themselves tend not to recommend annuity purchases to their retirement clients, even as they broadly harbor concerns that some could run short of funds late in life.
The Department of Labor held hearings with stakeholders on December 12 and 13 to further solicit public comment on its retirement security rule proposal. Also known as the fiduciary rule proposal, the proposed changes would replace the current five-point fiduciary test with one that applies fiduciary status to many one-time transactions, including rollovers to individual retirement accounts, annuity sales and qualified retirement plan investment menu design.
Human beings are living longer and healthier lives. By 2050, the over-50 population will reach 3.2 billion, or 33% of the world’s total population, according to the United Nations. For individuals, increased longevity is good news. Click HERE to read the full story via INN The post The power of life insurance in enabling tomorrow’s wealth transfer appeared first on Wink, Inc.
Terrance Williams sees the start of 2024 as a milestone. That’s when the new TruStage Financial Group, Inc. president and chief executive officer wraps up the listening tour he’s been on and shifts to what he calls operating mode. Click HERE to read the full story via AM Best The post TruStage CEO Williams Sees 2024 as End of Intro Period, Shift to ‘Operating Mode’ appeared first on Wink, Inc.
Choosing the right business intelligence (BI) platform can feel like navigating a maze of features, promises, and technical jargon. With so many options available, how can you ensure you’re making the right decision for your organization’s unique needs? 🤔 This webinar brings together expert insights to break down the complexities of BI solution vetting.
Aspida started operations in June 2022 from a “clean shell” with no legacy blocks. Now the company says it’s on a $2 billion annual run-rate for new business as it focuses on bolstering its technology. Click HERE to read the full story via Best/s Review The post Annuities Newcomber Aspida Life Reaping Benefits of a Fruitful Market appeared first on Wink, Inc.
LINCOLN, Neb. and NEW YORK , Dec. 21, 2023 /PRNewswire/ — Midwest Holding Inc. (“Midwest”) (NASDAQ: MDWT ), a technology-driven life and annuity platform, and Antarctica Capital (“ Antarctica “), an alternative asset management firm, today announced the completion of the acquisition of Midwest by an affiliate of Antarctica.
Seven Senate Democrats are urging the Labor Department to extend the comment period on its new fiduciary rule proposal. In a letter sent late Wednesday to acting Labor Secretary Julie Su, the senators — including Joe Manchin, D-W.Va., and Ben Cardin, D-Md. — told Su that “given the broad impacts of this potential rulemaking, we are concerned that you are rushing this process.
We organize all of the trending information in your field so you don't have to. Join 11,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content